On December 31, Strike Company sold one of its batting cages for $253,640. The equipment had an original cost of $298,400 and has accumulated depreciation of $44,760. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? Oa, no gain or loss Ob. gain of $59,680 Oc. loss of $(44,760) Od. can't be determined with data provided